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Jan 19, 2013 12:05pm EST
no deposit or other federal protection guarantees. i fully understand the conducting business with the john henry banking affiliate have no federal deposit insurance from other -- or federal protection guarantees. this two part step should begin to remove the too big to fail holding companies and their shadow banking operations. these commercial banks have an appropriately benefited from a safety net. our proposal promotes competition in light of market and regulatory discipline, replacing the status quo subsidize a personal banking to take risks. some government intervention may be necessary to accelerate the imposition of affect of market discipline and bridge this practice. we believe market forces should be relied on as much as is practical. it is true that entrenched forces and entrenched regulatory forces, in combination with customer and their ship, will likely only be overcome through government sanction and restructuring of too big to fail bank holding companies. the subsidy is impossible to take away. we may need a push. my team at the dallas fed and i are confident. think about i
Search Results 0 to 0 of about 1